Some of my peers should be rich enough to retire, but fell victim to lifestyle inflation. Sure they’re making $250k/year, but they moved into a $5k/mo apartment, go on expensive vacations, and just do whatever in their day to day. I don’t know where their money goes. Maybe they are secretly investing.
a huge chunk of it IME is that they don’t cook so they eat out almost every meal. That runs up into 1000s pretty quick. eating out in my city can run you easily $100+ a day. they also impulse buy trendy and expensive things, like Pelotons.
everything is about the image. without the image of being successful they have nothing.
I did have a coworker that was both a picky eater and didn’t cook. She’d order seamless (GrubHub) for most meals. That’s got to be like… $30/meal, two meals a day so $60, seven days a week, ~$400/week? My monthly food budget is like $200. Plus she’d go out drinking. Guess that adds up. That’s like $100k over five years.
She also had an expensive gym membership she didn’t use and was too shy to cancel.
Some of my peers should be rich enough to retire, but fell victim to lifestyle inflation. Sure they’re making $250k/year, but they moved into a $5k/mo apartment, go on expensive vacations, and just do whatever in their day to day. I don’t know where their money goes. Maybe they are secretly investing.
Meanwhile I live like a goblin on less
they spend it.
a huge chunk of it IME is that they don’t cook so they eat out almost every meal. That runs up into 1000s pretty quick. eating out in my city can run you easily $100+ a day. they also impulse buy trendy and expensive things, like Pelotons.
everything is about the image. without the image of being successful they have nothing.
I did have a coworker that was both a picky eater and didn’t cook. She’d order seamless (GrubHub) for most meals. That’s got to be like… $30/meal, two meals a day so $60, seven days a week, ~$400/week? My monthly food budget is like $200. Plus she’d go out drinking. Guess that adds up. That’s like $100k over five years.
She also had an expensive gym membership she didn’t use and was too shy to cancel.